12月6日，深圳市道通科技股份有限公司（以下简称道通科技）公告，公司因未审议并披露关联交易变 更事项、未披露关联方资金占用事项等信息披露违规问题，被深圳证监局采取责令改正的监管措施，并 对相关责任人董事长李红京、农颖斌、方文彬出具警示函。 公司表示将高度重视整改工作，全面梳理问题并采取有效措施，确保信息披露合规性。本次监管措施不 会影响公司正常生产经营活动，提醒投资者注意投资风险。 普通可转债道通转债于2022年发行，2028到期，债券余额为12.7968亿元。 道通科技成立于2004年,于2020年2月成功登陆科创版。公司专注于汽车智能诊断、检测分析系统及汽车 电子零部件的研发、生产、销售和服务,产品主销美国、德国、英国、澳大利亚等70多个国家和地区,是 专业的汽车智能诊断、检测和TPMS(胎压监测系统)产品及服务综合方案提供商。 公告称，根据中国证券监督管理委员会深圳监管局《关于对深圳市道通科技股份有限公司采取责令改正 并对李红京、农颖斌、方文彬采取出具警示函措施的决定》（行政监管措施决定书〔2025〕234号，以 下简称《决定书》）查明的有关事实，深圳市道通科技股份有限公司（以下简称公司）存在未审议并披 ...

关于收到深圳证监局对公司采取责令改正并对 相关责任人出具警示函措施的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性依法承担法律责任。 深圳市道通科技股份有限公司（以下简称"公司"或"道通科技"）及相关责任人于近日收到中国证券监督 管理委员会深圳监管局（以下简称"深圳证监局"）下达的《关于对深圳市道通科技股份有限公司采取责 令改正并对李红京、农颖斌、方文彬采取出具警示函措施的决定》（中国证券监督管理委员会深圳监管 局行政监管措施决定书〔2025〕234号）。现将相关情况公告如下： 登录新浪财经APP 搜索【信披】查看更多考评等级 股票代码：688208 股票简称：道通科技 公告编号：2025-099 转债代码：118013 转债简称：道通转债 深圳市道通科技股份有限公司 经查，深圳市道通科技股份有限公司（以下简称公司）存在未审议并披露关联交易变更事项、未披露关 联方资金占用事项、未披露前十大股东中李宏与玄元科新46号私募证券投资基金的一致行动关系、股东 大会文件未记录审议经过及发言要点等问题。 其中，未审议并披露关联交易变更事项，不符合 ...

（文章来源：证券日报） 证券日报网讯 12月5日，天箭科技在互动平台回答投资者提问时表示，关于公司产品具体供货情况，此 类信息涉及未公开的重大敏感内容。公司始终严格遵守国家法律法规及上市监管规则，所有应披露信息 均以公司正式公告为准。 ...

记者丨 韩利明 编辑丨季媛媛 财务造假，A股医美概念龙头*ST苏吴退市！从行情来看，*ST苏吴年内股价暴跌，从年初的9 元多，一度跌到不足1元，年内跌幅一度超过90%。 A股医美概念龙头股被强制退市 停牌前5涨停 12月1日晚间，*ST苏吴（江苏吴中，600200.SH）发布公告称，已收到上海证券交易所出具的 股票终止上市决定。根据安排，公司股票将于2025年12月9日进入退市整理期，预计最后交易 日期为12月29日。 此次*ST苏吴被强制退市， 核心原因在于触及重大违法强制退市情形。 回溯来看，11月25 日，*ST苏吴收到中国证监会下发的《行政处罚决定书》（下称"《决定书》"），认定其披露 的2020年至2023年年度报告存在虚假记载。依据相关规定，上交所作出了上述终止上市的决 定。 事实上，在收到证监会《决定书》的次日，*ST苏吴股票已开始停牌，停牌周期至12月8日结 束。从停牌前的市场表现来看，截至11月25日收盘， 该股票已连续五个交易日涨停，当天收 报1.24元/股，涨幅达5.08%，总市值为8.81亿元。 不过， 与去年同时期相比，该公司的股价 和市值，已缩水近九成。 值得注意的是，*ST苏吴的 ...

接盘威领股份（002667）五年时间，实控人黄达决定让出公司控制权。11月24日晚间，威领股份披露紧急停牌公告称，公司控股股东上海领亿新材料有限公 司（以下简称"上海领亿"）及黄达正在筹划重大事项，该事项可能导致公司控制权发生变更，公司股票11月25日起停牌。值得一提的是，披露停牌消息当 天，威领股份股价涨停收盘，公司内幕消息管理是否合规引发关注。黄达欲退出背后，威领股份近年来业绩承压明显，今年前三季度，公司营收同比下降超 五成，净利仍处于亏损状态。 黄达欲退出 先于易主消息，威领股份股价出现了"抢跑"情况。 拉长时间来看，威领股份近期股价涨幅也较大，经统计，在9月24日—11月24日这38个交易日，公司区间累计涨幅达53.92%，同期大盘跌幅4.08%。 中关村物联网产业联盟副秘书长袁帅表示，股价提前涨停一定程度上反映了市场对于公司潜在变动的某种预期或提前反应。从信息披露合规性角度，若存在 信息提前泄露的情况，部分投资者可能能够提前布局获取不当利益。不过，股价提前涨停也并不能完全认定公司内幕消息管理存在缺陷，这也需要企业进一 步说明。 北京商报记者注意到，因未履行信息披露义务，上海领亿曾在2024年12月收 ...

Core Viewpoint - The controlling shareholder Huang Da of Weiling Co., Ltd. (002667) has decided to relinquish control of the company after five years, leading to a potential change in control and a significant drop in the company's performance in recent years [1][8]. Group 1: Shareholder Changes - Weiling Co., Ltd. announced on November 24 that its controlling shareholder, Shanghai Lingyi New Materials Co., Ltd., and Huang Da are planning a major matter that may lead to a change in control, resulting in the company's stock being suspended from trading starting November 25 [1][3]. - The company plans to transfer a total of 2,023,380 shares, representing 7.7646% of the total share capital, which will make the acquirer the largest shareholder [3]. - The specific details of the acquirer have not been disclosed, and the company will comply with legal disclosure obligations during the suspension period [4]. Group 2: Stock Performance - On the day the suspension announcement was made, Weiling Co., Ltd.'s stock price hit the daily limit, closing at 16.9 yuan per share, with a total market value of 4.404 billion yuan and a trading volume of approximately 590 million yuan [5]. - Over the 38 trading days from September 24 to November 24, the company's stock price increased by 53.92%, while the broader market declined by 4.08% [6]. Group 3: Financial Performance - Weiling Co., Ltd. has faced significant financial challenges, with a revenue decline of over 50% year-on-year in the first three quarters of this year, resulting in continued net losses [1][10]. - Financial data shows that from 2022 to 2024, the company reported net profits of approximately 82.03 million yuan, -223 million yuan, and -308 million yuan, respectively, indicating a trend of increasing losses [10]. - The decline in revenue is attributed to a decrease in income from lithium compounds and derivatives during the reporting period [11].

Group 1 - The Shenzhen Stock Exchange issued a regulatory letter to Shandong Hengbang Smelting Co., Ltd. regarding the resignation of independent directors Huang Jianbo and Jiao Jian, which resulted in the number of independent directors falling below one-third of the board members [1] - The company failed to complete the necessary election of new independent directors within the stipulated 60 days after the resignation, violating relevant regulations [1] - The exchange emphasized the importance of compliance with laws and regulations, urging the company and its management to ensure accurate and timely information disclosure to prevent similar incidents in the future [1] Group 2 - For the first half of 2025, the revenue composition of Hengbang Co. was as follows: precious metal smelting accounted for 72.22%, precious metal mining for 21.98%, mineral powder sales for 2.85%, non-ferrous metal trading for 1.57%, and chemical production for 1.09% [2] - As of the report date, Hengbang Co. had a market capitalization of 14.7 billion yuan [3] - The company faced significant challenges as its core product was impacted by the first major customer reducing purchases due to self-supply, leading to a loss exceeding 100 million yuan shortly after its listing [3]

Core Viewpoint - Two A-share companies, 聚石化学 and 豪尔赛, have been investigated by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure laws [2][5]. Group 1: 聚石化学 (688669) - On November 21, 2025, 聚石化学 received a notice from the CSRC regarding the investigation for suspected information disclosure violations [2]. - The company reported a revenue of 987 million yuan in Q3 2025, a year-on-year decrease of 0.81%, with a net profit attributable to shareholders of 2.89 million yuan [4]. - 聚石化学 specializes in the research, production, and sales of new chemical materials, with products used in various industries including automotive, electronics, and healthcare [4]. Group 2: 豪尔赛 (002963) - 豪尔赛 also received a notice from the CSRC for suspected information disclosure violations [5]. - The company reported a revenue of 107 million yuan in Q3 2025, a year-on-year increase of 31.34%, and a net profit attributable to shareholders of 7.40 million yuan, a significant increase of 599.72% [8]. - 豪尔赛 focuses on technology innovation in areas such as smart lighting and digital twin networks, and has been under scrutiny due to previous issues related to corporate governance and internal controls [7][8].

Core Viewpoint - A significant equity dispute has emerged involving a Hong Kong-listed internet company, which is valued at over HKD 10 billion, stemming from a 13-year-old email that highlights the complexities of early-stage partnerships and the implications for corporate governance and compliance [2][3] Group 1: Background of the Dispute - The lawsuit was filed by Wang Ping against Liu Chunhe, the founder of the company, in September 2025, claiming a 3% equity stake in the company, valued at approximately HKD 489 million based on current market valuation [2] - The dispute traces back to a critical email from 2012, where Liu Chunhe offered Wang Ping a 3% equity gift in recognition of early support, alongside a proposal for Wang to invest an additional HKD 700,000 for a 7% stake, which Wang declined [2] Group 2: Legal and Compliance Implications - Wang Ping has accused Liu Chunhe of failing to honor the equity promise during multiple financing rounds and after the company's IPO in 2019, leading to his decision to file a lawsuit after receiving no response to his requests [3] - The lawsuit raises concerns about the company's compliance with disclosure regulations, as Wang has reported to the Hong Kong Stock Exchange that the company did not disclose this significant equity commitment in its IPO prospectus, potentially concealing legal risks [3] Group 3: Company Performance Amidst Dispute - Despite the ongoing legal issues, the company continues to experience rapid growth, with a reported 13.6% year-on-year revenue increase to HKD 2.58 billion in the third quarter of 2025, and strong performance of its core social product, SUGO, in the Middle East market [3] - The company's journey from a shell company valued at HKD 30,000 to a market capitalization exceeding HKD 19 billion underscores its rapid expansion, while the blurred lines between personal relationships and business interests from its early days now pose significant compliance challenges [3]

Core Points - The company received an administrative regulatory decision from the Ningbo Regulatory Bureau of the China Securities Regulatory Commission regarding failures to timely disclose significant event progress and inadequacies in insider information management [1] - The chairman, Lin Haifeng, and the board secretary, Xueshan Xing, were found primarily responsible for these issues due to their lack of diligence [1] - The Ningbo Regulatory Bureau has mandated corrective administrative measures for the company and has conducted regulatory discussions with Lin Haifeng and Xueshan Xing, which will be recorded in the securities and futures market integrity database [1]